“Two billionaire hedge-fund managers, and investment bank Morgan Stanley, have made hefty investments into the Spanish property market.   George Soros and John Paulson, both from the US, have each taken a €92 million stake in Hispania Activos Inmobiliarios, a Spanish property-investment vehicle. Meanwhile, US bank Morgan Stanley has announced it will purchase €20 million of assets within the company.  REITs are companies that own and operate portfolios of income-producing real estate, or related assets, instead of this being done directly by landlords.  Investment in Spanish real estate doubled in 2013, to €2.7 billion, reaching its highest level since the eurozone crisis.”

http://www.terrameridiana.com/blog/849-spanish-real-estate-invest-say-soros-paulson.html

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